World Entrepreneurs’ Day celebrated at ICFAI University

Ranchi. ^st August all over the world, to build awareness on Innovation and Entrepreneurship and honour them for their contribution to make the world better to live in. Twelve Entrepreneurs from Jharkhand, including a number of women entrepreneurs, were invited by the University to share their Entrepreneurship Journeys.

An event was organized at ICFAI University on the eve of World Entrepreneurs’ Day, which is celebrated every year on 21

Welcoming the audience to the function, Prof ORS Rao, Vice-Chancellor of ICFAI University said, “An Entrepreneur can change and influence the world around us by providing appropriate products and services.”Giving examples of innovative entrepreneurs across the world, India and Jharkhand, Prof Rao highlighted that over 20 alumni of the University have become entrepreneurs, which includes 6 students that graduated in 2018. “As per the aspiration survey of the students, admitted in 2018, 17% of them want to start their own business on completion of their graduation and our University is committed to help all of them in that regard”, added Prof Rao.

Sharing his experience as an entrepreneur, after leaving a corporate job, Mr Rakesh Kumar, MD of Osam Dairy explained that major challenges faced by entrepreneurs are financing and attraction of right talent. Complimenting ICFAI University,  as the factory to turn out entrepreneurs, Mr Manish Kumar, CMD, Dynamic Tarang explained  his successful journey for Social entrepreneurship and highlighted that an Entrepreneur should have a good business idea and must have a passion to implement it with passion, in spite of several challenges.

Ms Malvika Sharma, Director of Butterfly project, who motivated and counseled a number of women entrepreneurs explained the challenges faced by women entrepreneurs, particularly in Eastern India.

Other women entrepreneurs that explained their experiences in setting up business include Ms Akansha Jaiswal and Ms Jyoti Kumari.  Mr Abhijit Waibhav, Mr Utpal kumar and Mr Prakash Modak, Alumni of the University that turned into Entrepreneurs, also have narrated  their success stories.

Dr BM Singh, Registrar of the University, while proposing a vote of thanks gave the life sketch of Mr Jeff Bezos  , Promoter of Amazon, who is the richest business man for 2017.  

About the ICFAI University Jharkhand: The ICFAI University, Jharkhand (IUJ) belongs to the ICFAI University Group (IUG), which pioneered Professional Education in India. IUJ was established under ICFAI University Act, 2006 (Jharkhand Act 08, 2007), which was passed by the State Legislature of Jharkhand and was notified by Government of Jharkhand on 17th June 2008. The University was empowered by UGC vide its letter dated 1st Dec2009 to award degrees under Section 22 of UGC Act, 1956.IUJ is committed to grooming its students into Competent Professionals, with Good Personal Values and Ethics. IUJ offers a range of vocation oriented Under Graduate and Post Graduate programmes, which include, MBA, B Tech, BTech (Lateral entry) BBA, BBA-LLB, BA(Hons) BCom(Hons), BCA and Diploma in Technology (Polytechnic). Besides excellent infrastructure like well furnished class rooms, laboratories, workshops and library, IUJ has well qualified and experienced faculty members. Special features of IUJ programs include Contemporary curriculum, Summer Internships with industry, Live projects, Technology Enhanced Learning and Campus placement assistance.

More details on IUJ can be found by visiting its website at www.iujharkhand.edu.in or its Face Book page at www.facebook.com/icfaijharkhand.